Telecom analyst, Fouad Chalabi has taken a swipe at government over taxes charged on telephone handsets imported into Ghana. According to him, zero tax on imported phones especially Smartphones will...
The transport ministry has suspended the implementation of the Terminal Handling Charges (THC) being proposed by the various shipping lines in Ghana. The decision to suspend the charges was arrived...
Government has warned that it will terminate the contracts of underperforming road contractors in the Ashanti and Central regions who fail to complete their projects. Minister of Roads and Highways,...
Economist and Head of Finance at the University of Ghana Business School Professor Godfred Bokpin has said clamours by the Trades Union Congress (TUC) for government to suspend the International...
The TEN project is 99 per cent complete, Kosmos Energy, one of the partners working in Ghana’s Jubilee oil fields in the Western Region, has said. The TEN Project is Tullow’s second development...
The Minister of Finance, Seth Terkper has announced the approval of a $230 million scaling-up Renewable Energy Investment Plan (SREP-IP) by the Climate Investment Fund. The approval, which will allow...
The International Monetary Fund (IMF) will in the coming days engage government on the status of the country’s program with the Fund. This was after Parliament voted to amend the existing Bank of...
Ghana’s failure to receive favourable response on the international market for its 700 million-dollar eurobond has been attributed to what financial experts say is the government’s high appetite...
The outgoing General Secretary of the Trades Union Congress (TUC), Kofi Asamoah, has bemoaned government’s decision to always seek bailout from the International Monetary Fund (IMF) as against home...
The Ghana Statistical Service (GSS) has released the inflation rate for July 2016 with Consumer Price Inflation (CPI) declining to 16.7 per cent from 18.4 per cent in June 2016. The monthly change...
The Greater Accra region has been hit by acute shortage of Liquefied Petroleum Gas (LPG). Checks by Citi Business News revealed that the shortage started last Thursday, August 4, 2016. It is unclear...
Installation of a deep water Catenary Anchor Leg Mooring (CALM) buoy on Floating Storage and Offloading vessel (FPSO) Kwame Nkrumah as the final phase of repair work in the first half of 2018 is...
Head of the Economics Department at the University of Ghana, Professor Peter Quartey, has asked that government considers renegotiation of the IMF deal to reverse the conditionality which prohibits...
Over 10,000 mineworkers across the country have lost their jobs over the past three years, the Ghana Mine Workers Union (GMWU) has stated. General Secretary of GMWU, Prince William Ankrah, made this...
Jubilee Field operator, Tullow Oil, estimates that it will cost the five partners between US$100 million and US$150 million to repair the damaged turret bearing on the floating vessel used in...
Kosmos Energy has posted a net loss of $108.3 million for the second quarter of 2016 due to low production of oil. A release from Dallas, USA, indicates the oil company sold only half the quantity of...
Economist and Managing Director of the Ghana Growth Fund Company (GGFC), Kwame Ofori Asomaning has warned government to forfeit its austerity measures and spend to save the country form its economic...
Seed traders are allaying fears of presence of Genetically Modified Organism planting materials are already on the local market. “There are no GMO seeds on the market we need to make clear...
The Minister for Employment and Labour Relations, Haruna Iddrisu, has stated that government cannot pay the interim premium being demanded by the Civil and Local Government Staff Association,...
The 2016 presidential candidate of the New Patriotic Party, Nana Addo Dankwa Akufo-Addo, says his government intends following the examples of advanced economies in the world by ensuring that...